Mon, May 12, 5:52 PM (62 days ago)
**Electro-Sensors, Inc. (ELSE) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** $2,239,000, a slight decrease of 0.2% YoY. - **Gross Profit:** $1,084,000, a marginal increase of 0.4% YoY. - **Operating Loss:** $(169,000), an increase in loss by $69,000 YoY. - **Net Loss:** $(64,000), a significant decrease from a net income of $11,000 YoY. - **Gross Margin:** 48.4%, a slight increase from 48.1% YoY. - **Operating Expenses:** $1,253,000, an increase of 6.2% YoY, primarily due to additional employee headcount. **Cash Flow:** - **Operating Cash Flow:** $(30,000), a decrease of $232,000 YoY. - **Cash and Cash Equivalents:** $9,918,000, a slight decrease from $9,948,000 at the end of 2024. **Earnings Changes:** - **EPS (Basic and Diluted):** $(0.02), a decrease from $0.00 YoY. **Trends and Uncertainties:** - **Sales Trends:** Decrease in HazardPRO wireless product sales, offset by increased wired sensor product sales. - **Operating Expenses:** Increased due to higher wages and benefits from new hires. - **Supply Chain and Labor Dynamics:** Potential delays and increased costs due to supply chain issues and labor market challenges. - **Future Operations:** Continued focus on growth opportunities, both internally and through strategic investments or acquisitions. **Future Outlook:** - **Cash Requirements:** Existing cash, cash equivalents, and investments are expected to meet cash requirements for at least the next 12 months. - **Growth Opportunities:** Continued exploration of business development and strategic alternatives. **Controls and Procedures:** - **Disclosure Controls:** Effective as of March 31, 2025. - **Internal Control:** No changes identified that materially affected or are likely to materially affect internal control over financial reporting. **Risk Factors:** - **Supply Chain:** Potential delays and increased costs due to supply chain issues. - **Labor Market:** Challenges in filling open positions and increased labor costs. - **Economic and Geopolitical Factors:** Potential negative impacts on business due to recent dynamics.